What are the income limits for TAP?
Dependent Students The combined family NYS taxable income cannot exceed $80,000. This includes the parent’s and student’s net taxable income plus any state, local or federal pension income and/or private pension annuities that were excluded on their NYS tax forms. Support amount reported for an excluded parent must also be reported. Undergraduate Independent Students Independent students who are single with no tax exemptions claimed on their NYS tax form cannot have a NYS taxable income exceeding $10,000. Independent students who are single with tax dependents claimed on their NYS tax form cannot have an income exceeding $80,000. Independent students who are married with no other tax dependents cannot have an income exceeding $40,000.
